Uptrend Call Working As Libbey Stock Rises 59.2% (LBY)
SmarTrend identified an Uptrend for Libbey (AMEX:LBY) on May 2nd, 2012 at $14.95. In approximately 14 months, Libbey has returned 59.20% as of today's recent price of $23.80.
In the past 52 weeks, Libbey share prices have been bracketed by a low of $13.40 and a high of $24.77 and are now at $23.80, 78% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.6%.
Libbey Inc. designs, manufactures, and markets glass tableware, which is used by foodservice, industrial, premium, and retail customers around the world. The Company also provides ceramic dinnerware and metal flatware to foodservice users in the United States. In addition, Libbey is the exclusive distributor of Vitrocrisa glass tableware products in the United States and Canada.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Libbey shares.
Log in and add Libbey (LBY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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